Termination of a Bi-Monthly Term Extension Sample Clauses

Termination of a Bi-Monthly Term Extension. If the Tenant or Landlord elects to terminate this Lease while under a bi-monthly extension, and proper notice is given to the other, as explained in the Lease, neither Tenant nor Landlord shall be liable to the other for damages other than cleaning and damage past normal wear and tear, if any. If Tenant fails to give the required 60 days notice to terminate the bi-monthly extension, Tenant will be liable for outstanding rent up to the next 25th of the month, 60 days after the date in which improper notice was given. Example: Tenant gives notice on May 15th to terminate on June 25th. Tenant will be liable for rent up to July 25th.
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Related to Termination of a Bi-Monthly Term Extension

  • Orderly Termination Upon termination or other expiration of this Contract, each Party shall promptly return to the other Party all papers, materials, and other properties of the other held by each for purposes of execution of the Contract. In addition, each Party will assist the other Party in orderly termination of this Contract and the transfer of all assets, tangible and intangible, as may be necessary for the orderly, non-disruptive business continuation of each Party.

  • Payment on Early Termination Upon termination pursuant to Section 14 (Early Termination), District shall pay Contractor as follows:

  • Termination of Use These terms and Your access to Our Website may be terminated by Us (at Our sole discretion) at any time without notice or any requirement to give You a reason why. In the event of termination under this clause We shall have no liability to You whatsoever (including for any consequential or direct loss You may suffer).

  • Early Termination In the absence of any material breach of this Agreement, should the Trust elect to terminate this Agreement prior to the end of the term, the Trust agrees to pay the following fees:

  • Term Termination 8.1 This Agreement shall be effective as of the date hereof and shall continue in force until terminated in accordance with the provisions herein.

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